financetom
Business
financetom
/
Business
/
Tech lobby group urges EU leaders to pause AI Act
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tech lobby group urges EU leaders to pause AI Act
Jun 25, 2025 3:32 PM

STOCKHOLM, June 26 (Reuters) - Tech lobbying group CCIA

Europe, whose members include Alphabet, Meta

and Apple ( AAPL ), on Thursday urged European Union to pause

implementation of the AI Act, saying a rushed roll-out risks

jeopardizing the continent's AI aspirations.

Europe's landmark AI rules entered into force in June last

year with various provisions to be implemented in a phased

manner.

Important provisions of the EU AI Act, including rules for

general purpose AI (GPAI) models, were due to apply on August 2.

But some parts of the GPAI, which were expected to be published

on May 2, got delayed.

"With critical parts of the AI Act still missing just weeks

before rules kick in, we need a pause to get the Act right, or

risk stalling innovation altogether," said Daniel Friedlaender,

CCIA Europe's senior vice president.

Political leaders such as Swedish Prime Minister Ulf

Kristersson have also called AI rules "confusing" and asked the

EU to pause the Act, ahead of a meeting with other EU leaders in

Brussels on Thursday.

More than two-thirds of European businesses said they

struggle to understand their responsibilities under the EU AI

Act, according to a survey by Amazon Web Services.

The EU AI Act is more comprehensive than the United States'

light-touch voluntary compliance approach while China's approach

aims to maintain social stability and state control.

"We are currently implementing the AI Act," EU tech chief

Henna Virkkunen told EU lawmakers earlier this month when asked

if she would consider a temporary halt to enforcing the AI Act.

"I want to implement it in a very innovation friendly manner

... the main concern among some stakeholders is that this is

hindering innovations."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
--Nexstar Media Group Keeps Quarterly Dividend at $1.86 per Share, Payable Aug. 29 to Shareholders of Record Aug. 15
--Nexstar Media Group Keeps Quarterly Dividend at $1.86 per Share, Payable Aug. 29 to Shareholders of Record Aug. 15
Aug 1, 2025
09:34 AM EDT, 08/01/2025 (MT Newswires) -- Price: 185.05, Change: -2.06, Percent Change: -1.10 ...
Chile's Codelco says it has yet to reach missing workers at El Teniente mine
Chile's Codelco says it has yet to reach missing workers at El Teniente mine
Aug 1, 2025
SANTIAGO, Aug 1 (Reuters) - Chilean copper producer Codelco has still not had contact with five missing workers at El Teniente's Andesita unit following a seismic incident that killed one person, El Teniente's general manager Andres Music said on Friday. He added that the company expected aftershocks from the incident to diminish in the next 12 hours, allowing Codelco to...
Ford's US July sales rise over 9% on SUV, pickup demand
Ford's US July sales rise over 9% on SUV, pickup demand
Aug 1, 2025
(Reuters) -Ford on Friday reported a 9.3% rise in U.S. auto sales for July compared to the previous year, helped by sustained demand for pickup trucks and SUVs. Aggressive discount programs and its zero, zero, zero campaign, offering a $0 down payment, zero percent interest for 48 months and zero payments for the first 90 days on most vehicles, helped...
Copyright 2023-2026 - www.financetom.com All Rights Reserved